Medical Alert/Personal Emergency Response System Market

Global Medical Alert/Personal Emergency Response System Market By Types (Home-based/Landline-based System, Mobile-PERS [Cellular Emergency Response System, Wireless Emergency Response System, and GPS-based Emergency Response System], Standalone PERS [Transmitter, Standalone Voice Communicator, Wandering System, and Cube-based Monitoring System], Nurse Call Systems (NCS), Ambulatory Auto Alert Systems, Automated Airborne Flight Alert System, and Smart Belt), Offering (Hardware [Console Unit, Transmitter, Wristband Transmitter, Pendant Transmitter, and Battery], Software, and Service), Connection Types (Wired and Wireless), Applications (Home-Based Users, Senior Living Facilities/Senior Care Centers, and Assisted Living Facilities), Technologies (Two-way Voice Systems, Unmonitored, Medical Alert Systems, Medical Alert Alarm (Button) System, IP-based systems, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)

  • Report ID: HC-1284
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 288
  • Format:
  • Pub. Date: 20-04-2021
  • Share:

Market Outlook:

The global medical alert/personal emergency response system market was valued at USD 7,732 Mn in 2019 and is anticipated to reach USD 13,689.8 Mn by 2027, expanding at a CAGR of 7.4% during the forecast period. A medical alert/ personal emergency response system is designed to beep alarm in case any emergency requiring urgent attention. The system is also referred as a medical alarm. The system has a wireless transmitter inbuilt in a bracelet, wrist band, belts or pendant that can be activated in an emergency. When the system is activated, the signal is transmitted to an alarm monitoring central station, programmed phone numbers, or care givers from emergency agency. Medical personnel are then informed to offer their services at the destination where the personal emergency response system was activated.

Medical Alert-Personal Emergency Response System Market_Key Takeaways

Market Dynamics

Rising adoption of smartphones among ageing population

In the present scenario, increasing customer inclination towards smartphones is driving the sales of smartphones. Smart phones are used by millennials and adults as well as senior citizens across the globe. Usage of smart phones among the ageing people is boosting the medical industry. Demand for medical alert systems is increasing, due to rapid increase of the elderly population. The Personal Emergency Response Systems (PERS) is mainly designed for the elderly and the disabled demographics, who can easily seek help in an emergency using the device. This device helps in making emergency calls, 2-way communication, and medical reminders. This factor is expected to promote the growth of the entire market.

Increasing prevalence of chronic diseases among the elderly population

According to WHO, 12.5% of people aged 65 years and 45% of people aged 85 years and older suffer from Alzheimers and strokes. Awareness, self-help, and treatment of illnesses help people with chronic diseases and disabilities to lead healthy and independent lives. Chronic diseases such as dementia are driving the sector’s international development through the growing demand for social assistance service. Asia Pacific is the fastest-growing region in the market during the forecast period, due to increasing elderly population and rising prevalence of chronic diseases. Therefore, growing number of elderly and chronic patients is expected to promote the growth of the medical alert system market.

Rising healthcare spending among aging population

In the present scenario, people of every age including senior citizens are fitness conscious. They spend most of their savings in various fitness programs. Technological advancements helped healthcare companies to design different kinds of devices like wristbands, bracelets, and pendants for senior citizens to monitor health conditions and help them during emergency. Such devices are portable help buttons and mostly waterproof. Arvi, a healthcare firm, launched at-home medical alert system in India for senior citizens. Arvi installs ‘push button’ at all key areas of the house. The service aims to provide medical and non-medical emergency assistance to senior citizens. Senior Safety App has the following features: GPS, inactivity tracker, fall alert, low battery alert, dangerous situation alert, noisy environment alert, and SOS alert (request help or sound alarm).

Lack of technical advancement associated with medical alert system in developing countries

Many developing countries find it difficult to obtain medical equipment for medical care, which affects their ability to diagnose, prevent, control, and treat diseases and injuries. The mortality rate of diseases in developing countries is high. If the necessary resources and technology are available, these diseases are successfully treated or controlled. However, for many original equipment manufacturers (OEMs) who already have a nominal market share, investing in the market in developing countries is not attractive, as they get a minimal return on investment.

Smart devices and stylish products are expected to catch the customer eye

Most elderly people are suffering from diabetes, chronic obstructive pulmonary disease (COPD), and heart diseases, which cause serious injuries if not treated at the right time. Medical alert systems provide elderly adults independence at home and emergency services whenever they need it. Advancement of technologies such as IOT and AI in the medical alert system created attractive opportunities in this market. The technological revolution brought about by the Internet of Things (IOT) and artificial intelligence (AI) as well as increasing nursing and elderly centres are some of the opportunities in the personal emergency response system. These technologies help in creating a demand in the market, which is improving the overall efficiency of the medical alert system market.

Segmental Outlook

The global medical alert/personal emergency response system market is segmented on the basis of types, offerings, connection types, applications, technologies, and regions

On the basis of types, the medical alert/personal emergency response system market is segmented into home-based/landline-based system, mobile-PERS, standalone PERS, nurse call systems (NCS), ambulatory auto alert systems, automated airborne flight alert system, and smart belt. In terms of value, the Mobile-PERS segment is expected to expand at a CAGR of 8.2 % during the forecast period, owing to the digital transformation and the integration of technologies such as artificial intelligence (AI) and IoT in the mobile-PERS devices.

Medical Alert-Personal Emergency Response System Market by Types

In terms of offerings, the market is segregated into hardware, software, and services. In terms of value, the hardware segment is expected to grow at a CAGR of 7.1% during the forecast period, as it is easy to use and does not require any prior medical knowledge.

Medical Alert-Personal Emergency Response System Market by Offerings

On the basis of connectivity, the global medical alert/personal emergency response system market is classified as wired and wireless. The wireless segment is anticipated to expand at a CAGR of 8.8%, in terms of value, during the forecast period, as the devices possess various advantages over the traditional system, which includes lightweight, portability, connectivity with mobile apps, and durability.

Based on applications, the medical alert/personal emergency response system market is divided into home-based users, senior living facilities/senior care centers, and assisted living facilities. The home-based user segment is anticipated to expand at a CAGR of 6.9%, in terms of value, during the forecast period, due to the independence this system provides to the seniors living alone.

In terms of technologies, the market is segregated into two-way voice systems, unmonitored, medical alert alarm (button) systems, IP-based systems, and others. The two-way voice systems segment is expected to grow at a CAGR of 8.0% during the forecast period, due to growing aging population, as this system is ideal for the aging population and it does not take much time contacting family or friends or dialing an emergency number.

Regional Outlook

Based on regions, the global medical alert/personal emergency response system market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold a significant share of the market, due to the presence of various market players in the country. Growing aging population, increasing healthcare expenditure, and financial support provided by the government for senior citizens in North America are fueling the market in the region.

The market in Europe is projected to expand at a CAGR of 6.1% during the forecast period, owing to the increasing popularity of an independent lifestyle among senior citizens and growing healthcare spending in the region along with improvement in connectivity and communication technologies are driving the demand for the medical alert/personal emergency response system in Europe.

Medical Alert-Personal Emergency Response System Market by Regions

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global medical alert/personal emergency response system Market
  • Historical, Current and Projected Market Size in terms of Value and Volume
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global medical alert/personal emergency response system Market Performance
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Alert/Personal Emergency Response System Market Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Medical Alert/Personal Emergency Response System Market Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Medical Alert/Personal Emergency Response System Market Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Medical Alert/Personal Emergency Response System Market Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Medical Alert/Personal Emergency Response System Market Market Size & Forecast, 2017-2027
      4.5.1 Medical Alert/Personal Emergency Response System Market Market Size and Y-o-Y Growth
      4.5.2 Medical Alert/Personal Emergency Response System Market Market Absolute $ Opportunity
   4.6 Global Medical Alert/ Personal Emergency Response System – Regulatory Overview
Chapter 5 Global Medical Alert/Personal Emergency Response System Market Market Analysis and Forecast By Types
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Types
      5.1.2 Basis Point Share (BPS) Analysis By Types
      5.1.3 Absolute $ Opportunity Assessment By Types
   5.2 Medical Alert/Personal Emergency Response System Market Market Size Forecast By Types
      5.2.1 Home-based/Landline-based System
      5.2.2 Mobile-PERS
         5.2.2.1 Cellular Emergency Response System
         5.2.2.2 Wireless Emergency Response System
         5.2.2.3 GPS-based Emergency Response Systems
      5.2.3 Standalone PERS
         5.2.3.1 Transmitter
         5.2.3.2 Standalone Voice Communicator
         5.2.3.3 Wandering System
         5.2.3.4 R- Cube/V-Cube Monitoring System
      5.2.4 Nurse Call Systems (NCS)
      5.2.5 Ambulatory Auto Alert Systems
      5.2.6 Automated Airborne Flight Alert System
      5.2.7 Smart Belt
   5.3 Market Attractiveness Analysis By Types
Chapter 6 Global Medical Alert/Personal Emergency Response System Market Market Analysis and Forecast By Offerings
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Offerings
      6.1.2 Basis Point Share (BPS) Analysis By Offerings
      6.1.3 Absolute $ Opportunity Assessment By Offerings
   6.2 Medical Alert/Personal Emergency Response System Market Market Size Forecast By Offerings
      6.2.1 Hardware
         6.2.1.1 Console Unit
         6.2.1.2 Transmitter
            6.2.1.2.1 Wristband Transmitter
            6.2.1.2.2 Pendant Transmitter
         6.2.1.3 Battery
      6.2.2 Software
      6.2.3 Service
   6.3 Market Attractiveness Analysis By Offerings
Chapter 7 Global Medical Alert/Personal Emergency Response System Market Market Analysis and Forecast By Connection Types
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Connection Types
      7.1.2 Basis Point Share (BPS) Analysis By Connection Types
      7.1.3 Absolute $ Opportunity Assessment By Connection Types
   7.2 Medical Alert/Personal Emergency Response System Market Market Size Forecast By Connection Types
      7.2.1 Wired
      7.2.2 Wireless
   7.3 Market Attractiveness Analysis By Connection Types
Chapter 8 Global Medical Alert/Personal Emergency Response System Market Market Analysis and Forecast By Applications
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities By Applications
      8.1.2 Basis Point Share (BPS) Analysis By Applications
      8.1.3 Absolute $ Opportunity Assessment By Applications
   8.2 Medical Alert/Personal Emergency Response System Market Market Size Forecast By Applications
      8.2.1 Home-Based Users
      8.2.2 Senior Living Facilities/Senior Care Centers
      8.2.3 Assisted Living Facilities
   8.3 Market Attractiveness Analysis By Applications
Chapter 9 Global Medical Alert/Personal Emergency Response System Market Market Analysis and Forecast By Technologies
   9.1 Introduction
      9.1.1 Key Market Trends & Growth Opportunities By Technologies
      9.1.2 Basis Point Share (BPS) Analysis By Technologies
      9.1.3 Absolute $ Opportunity Assessment By Technologies
   9.2 Medical Alert/Personal Emergency Response System Market Market Size Forecast By Technologies
      9.2.1 Two-way Voice Systems
      9.2.2 Unmonitored Medical Alert Systems
      9.2.3 Medical Alert Alarm (Button) System
      9.2.4 IP-based systems
      9.2.5 Others
   9.3 Market Attractiveness Analysis By Technologies
Chapter 10 Global Medical Alert/Personal Emergency Response System Market Market Analysis and Forecast by Region
   10.1 Introduction
      10.1.1 Key Market Trends & Growth Opportunities by Region
      10.1.2 Basis Point Share (BPS) Analysis by Region
      10.1.3 Absolute $ Opportunity Assessment by Region
   10.2 Medical Alert/Personal Emergency Response System Market Market Size Forecast by Region
      10.2.1 North America
      10.2.2 Europe
      10.2.3 Asia Pacific
      10.2.4 Latin America
      10.2.5 Middle East & Africa (MEA)
   10.3 Market Attractiveness Analysis by Region
Chapter 11 Coronavirus Disease (COVID-19) Impact
   11.1 Introduction
   11.2 Current & Future Impact Analysis
   11.3 Economic Impact Analysis
   11.4 Government Policies
   11.5 Investment Scenario
Chapter 12 North America Medical Alert/Personal Emergency Response System Market Analysis and Forecast
   12.1 Introduction
   12.2 North America Medical Alert/Personal Emergency Response System Market Market Size Forecast by Country
      12.2.1 U.S.
      12.2.2 Canada
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 North America Medical Alert/Personal Emergency Response System Market Market Size Forecast By Types
      12.6.1 Home-based/Landline-based System
      12.6.2 Mobile-PERS
         12.6.2.1 Cellular Emergency Response System
         12.6.2.2 Wireless Emergency Response System
         12.6.2.3 GPS-based Emergency Response Systems
      12.6.3 Standalone PERS
         12.6.3.1 Transmitter
         12.6.3.2 Standalone Voice Communicator
         12.6.3.3 Wandering System
         12.6.3.4 R- Cube/V-Cube Monitoring System
      12.6.4 Nurse Call Systems (NCS)
      12.6.5 Ambulatory Auto Alert Systems
      12.6.6 Automated Airborne Flight Alert System
      12.6.7 Smart Belt
   12.7 Basis Point Share (BPS) Analysis By Types
   12.8 Absolute $ Opportunity Assessment By Types
   12.9 Market Attractiveness Analysis By Types
   12.10 North America Medical Alert/Personal Emergency Response System Market Market Size Forecast By Offerings
      12.10.1 Hardware
         12.10.1.1 Console Unit
         12.10.1.2 Transmitter
         12.10.1.3 Battery
      12.10.2 Software
      12.10.3 Service
   12.11 Basis Point Share (BPS) Analysis By Offerings
   12.12 Absolute $ Opportunity Assessment By Offerings
   12.13 Market Attractiveness Analysis By Offerings
   12.14 North America Medical Alert/Personal Emergency Response System Market Market Size Forecast By Connection Types
      12.14.1 Wired
      12.14.2 Wireless
   12.15 Basis Point Share (BPS) Analysis By Connection Types
   12.16 Absolute $ Opportunity Assessment By Connection Types
   12.17 Market Attractiveness Analysis By Connection Types
   12.18 North America Medical Alert/Personal Emergency Response System Market Market Size Forecast By Applications
      12.18.1 Home-Based Users
      12.18.2 Senior Living Facilities/Senior Care Centers
      12.18.3 Assisted Living Facilities
   12.19 Basis Point Share (BPS) Analysis By Applications
   12.20 Absolute $ Opportunity Assessment By Applications
   12.21 Market Attractiveness Analysis By Applications
   12.22 North America Medical Alert/Personal Emergency Response System Market Market Size Forecast By Technologies
      12.22.1 Two-way Voice Systems
      12.22.2 Unmonitored Medical Alert Systems
      12.22.3 Medical Alert Alarm (Button) System
      12.22.4 IP-based systems
      12.22.5 Others
   12.23 Basis Point Share (BPS) Analysis By Technologies
   12.24 Absolute $ Opportunity Assessment By Technologies
   12.25 Market Attractiveness Analysis By Technologies
Chapter 13 Europe Medical Alert/Personal Emergency Response System Market Analysis and Forecast
   13.1 Introduction
   13.2 Europe Medical Alert/Personal Emergency Response System Market Market Size Forecast by Country
      13.2.1 Germany
      13.2.2 France
      13.2.3 Italy
      13.2.4 U.K.
      13.2.5 Spain
      13.2.6 Russia
      13.2.7 Rest of Europe
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Europe Medical Alert/Personal Emergency Response System Market Market Size Forecast By Types
      13.6.1 Home-based/Landline-based System
      13.6.2 Mobile-PERS
         13.6.2.1 Cellular Emergency Response System
         13.6.2.2 Wireless Emergency Response System
         13.6.2.3 GPS-based Emergency Response Systems
      13.6.3 Standalone PERS
         13.6.3.1 Transmitter
         13.6.3.2 Standalone Voice Communicator
         13.6.3.3 Wandering System
         13.6.3.4 R- Cube/V-Cube Monitoring System
      13.6.4 Nurse Call Systems (NCS)
      13.6.5 Ambulatory Auto Alert Systems
      13.6.6 Automated Airborne Flight Alert System
      13.6.7 Smart Belt
   13.7 Basis Point Share (BPS) Analysis By Types
   13.8 Absolute $ Opportunity Assessment By Types
   13.9 Market Attractiveness Analysis By Types
   13.10 Europe Medical Alert/Personal Emergency Response System Market Market Size Forecast By Offerings
      13.10.1 Hardware
         13.10.1.1 Console Unit
         13.10.1.2 Transmitter
         13.10.1.3 Battery
      13.10.2 Software
      13.10.3 Service
   13.11 Basis Point Share (BPS) Analysis By Offerings
   13.12 Absolute $ Opportunity Assessment By Offerings
   13.13 Market Attractiveness Analysis By Offerings
   13.14 Europe Medical Alert/Personal Emergency Response System Market Market Size Forecast By Connection Types
      13.14.1 Wired
      13.14.2 Wireless
   13.15 Basis Point Share (BPS) Analysis By Connection Types
   13.16 Absolute $ Opportunity Assessment By Connection Types
   13.17 Market Attractiveness Analysis By Connection Types
   13.18 Europe Medical Alert/Personal Emergency Response System Market Market Size Forecast By Applications
      13.18.1 Home-Based Users
      13.18.2 Senior Living Facilities/Senior Care Centers
      13.18.3 Assisted Living Facilities
   13.19 Basis Point Share (BPS) Analysis By Applications
   13.20 Absolute $ Opportunity Assessment By Applications
   13.21 Market Attractiveness Analysis By Applications
   13.22 Europe Medical Alert/Personal Emergency Response System Market Market Size Forecast By Technologies
      13.22.1 Two-way Voice Systems
      13.22.2 Unmonitored Medical Alert Systems
      13.22.3 Medical Alert Alarm (Button) System
      13.22.4 IP-based systems
      13.22.5 Others
   13.23 Basis Point Share (BPS) Analysis By Technologies
   13.24 Absolute $ Opportunity Assessment By Technologies
   13.25 Market Attractiveness Analysis By Technologies
Chapter 14 Asia Pacific Medical Alert/Personal Emergency Response System Market Analysis and Forecast
   14.1 Introduction
   14.2 Asia Pacific Medical Alert/Personal Emergency Response System Market Market Size Forecast by Country
      14.2.1 China
      14.2.2 Japan
      14.2.3 South Korea
      14.2.4 India
      14.2.5 Australia
      14.2.6 South East Asia (SEA)
      14.2.7 Rest of Asia Pacific (APAC)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Asia Pacific Medical Alert/Personal Emergency Response System Market Market Size Forecast By Types
      14.6.1 Home-based/Landline-based System
      14.6.2 Mobile-PERS
         14.6.2.1 Cellular Emergency Response System
         14.6.2.2 Wireless Emergency Response System
         14.6.2.3 GPS-based Emergency Response Systems
      14.6.3 Standalone PERS
         14.6.3.1 Transmitter
         14.6.3.2 Standalone Voice Communicator
         14.6.3.3 Wandering System
         14.6.3.4 R- Cube/V-Cube Monitoring System
      14.6.4 Nurse Call Systems (NCS)
      14.6.5 Ambulatory Auto Alert Systems
      14.6.6 Automated Airborne Flight Alert System
      14.6.7 Smart Belt
   14.7 Basis Point Share (BPS) Analysis By Types
   14.8 Absolute $ Opportunity Assessment By Types
   14.9 Market Attractiveness Analysis By Types
   14.10 Asia Pacific Medical Alert/Personal Emergency Response System Market Market Size Forecast By Offerings
      14.10.1 Hardware
         14.10.1.1 Console Unit
         14.10.1.2 Transmitter
         14.10.1.3 Battery
      14.10.2 Software
      14.10.3 Service
   14.11 Basis Point Share (BPS) Analysis By Offerings
   14.12 Absolute $ Opportunity Assessment By Offerings
   14.13 Market Attractiveness Analysis By Offerings
   14.14 Asia Pacific Medical Alert/Personal Emergency Response System Market Market Size Forecast By Connection Types
      14.14.1 Wired
      14.14.2 Wireless
   14.15 Basis Point Share (BPS) Analysis By Connection Types
   14.16 Absolute $ Opportunity Assessment By Connection Types
   14.17 Market Attractiveness Analysis By Connection Types
   14.18 Asia Pacific Medical Alert/Personal Emergency Response System Market Market Size Forecast By Applications
      14.18.1 Home-Based Users
      14.18.2 Senior Living Facilities/Senior Care Centers
      14.18.3 Assisted Living Facilities
   14.19 Basis Point Share (BPS) Analysis By Applications
   14.20 Absolute $ Opportunity Assessment By Applications
   14.21 Market Attractiveness Analysis By Applications
   14.22 Asia Pacific Medical Alert/Personal Emergency Response System Market Market Size Forecast By Technologies
      14.22.1 Two-way Voice Systems
      14.22.2 Unmonitored Medical Alert Systems
      14.22.3 Medical Alert Alarm (Button) System
      14.22.4 IP-based systems
      14.22.5 Others
   14.23 Basis Point Share (BPS) Analysis By Technologies
   14.24 Absolute $ Opportunity Assessment By Technologies
   14.25 Market Attractiveness Analysis By Technologies
Chapter 15 Latin America Medical Alert/Personal Emergency Response System Market Analysis and Forecast
   15.1 Introduction
   15.2 Latin America Medical Alert/Personal Emergency Response System Market Market Size Forecast by Country
      15.2.1 Brazil
      15.2.2 Mexico
      15.2.3 Rest of Latin America (LATAM)
   15.3 Basis Point Share (BPS) Analysis by Country
   15.4 Absolute $ Opportunity Assessment by Country
   15.5 Market Attractiveness Analysis by Country
   15.6 Latin America Medical Alert/Personal Emergency Response System Market Market Size Forecast By Types
      15.6.1 Home-based/Landline-based System
      15.6.2 Mobile-PERS
         15.6.2.1 Cellular Emergency Response System
         15.6.2.2 Wireless Emergency Response System
         15.6.2.3 GPS-based Emergency Response Systems
      15.6.3 Standalone PERS
         15.6.3.1 Transmitter
         15.6.3.2 Standalone Voice Communicator
         15.6.3.3 Wandering System
         15.6.3.4 R- Cube/V-Cube Monitoring System
      15.6.4 Nurse Call Systems (NCS)
      15.6.5 Ambulatory Auto Alert Systems
      15.6.6 Automated Airborne Flight Alert System
      15.6.7 Smart Belt
   15.7 Basis Point Share (BPS) Analysis By Types
   15.8 Absolute $ Opportunity Assessment By Types
   15.9 Market Attractiveness Analysis By Types
   15.10 Latin America Medical Alert/Personal Emergency Response System Market Market Size Forecast By Offerings
      15.10.1 Hardware
         15.10.1.1 Console Unit
         15.10.1.2 Transmitter
         15.10.1.3 Battery
      15.10.2 Software
      15.10.3 Service
   15.11 Basis Point Share (BPS) Analysis By Offerings
   15.12 Absolute $ Opportunity Assessment By Offerings
   15.13 Market Attractiveness Analysis By Offerings
   15.14 Latin America Medical Alert/Personal Emergency Response System Market Market Size Forecast By Connection Types
      15.14.1 Wired
      15.14.2 Wireless
   15.15 Basis Point Share (BPS) Analysis By Connection Types
   15.16 Absolute $ Opportunity Assessment By Connection Types
   15.17 Market Attractiveness Analysis By Connection Types
   15.18 Latin America Medical Alert/Personal Emergency Response System Market Market Size Forecast By Applications
      15.18.1 Home-Based Users
      15.18.2 Senior Living Facilities/Senior Care Centers
      15.18.3 Assisted Living Facilities
   15.19 Basis Point Share (BPS) Analysis By Applications
   15.20 Absolute $ Opportunity Assessment By Applications
   15.21 Market Attractiveness Analysis By Applications
   15.22 Latin America Medical Alert/Personal Emergency Response System Market Market Size Forecast By Technologies
      15.22.1 Two-way Voice Systems
      15.22.2 Unmonitored Medical Alert Systems
      15.22.3 Medical Alert Alarm (Button) System
      15.22.4 IP-based systems
      15.22.5 Others
   15.23 Basis Point Share (BPS) Analysis By Technologies
   15.24 Absolute $ Opportunity Assessment By Technologies
   15.25 Market Attractiveness Analysis By Technologies
Chapter 16 Middle East & Africa (MEA) Medical Alert/Personal Emergency Response System Market Analysis and Forecast
   16.1 Introduction
   16.2 Middle East & Africa (MEA) Medical Alert/Personal Emergency Response System Market Market Size Forecast by Country
      16.2.1 Saudi Arabia
      16.2.2 South Africa
      16.2.3 UAE
      16.2.4 Rest of Middle East & Africa (MEA)
   16.3 Basis Point Share (BPS) Analysis by Country
   16.4 Absolute $ Opportunity Assessment by Country
   16.5 Market Attractiveness Analysis by Country
   16.6 Middle East & Africa (MEA) Medical Alert/Personal Emergency Response System Market Market Size Forecast By Types
      16.6.1 Home-based/Landline-based System
      16.6.2 Mobile-PERS
         16.6.2.1 Cellular Emergency Response System
         16.6.2.2 Wireless Emergency Response System
         16.6.2.3 GPS-based Emergency Response Systems
      16.6.3 Standalone PERS
         16.6.3.1 Transmitter
         16.6.3.2 Standalone Voice Communicator
         16.6.3.3 Wandering System
         16.6.3.4 R- Cube/V-Cube Monitoring System
      16.6.4 Nurse Call Systems (NCS)
      16.6.5 Ambulatory Auto Alert Systems
      16.6.6 Automated Airborne Flight Alert System
      16.6.7 Smart Belt
   16.7 Basis Point Share (BPS) Analysis By Types
   16.8 Absolute $ Opportunity Assessment By Types
   16.9 Market Attractiveness Analysis By Types
   16.10 Middle East & Africa (MEA) Medical Alert/Personal Emergency Response System Market Market Size Forecast By Offerings
      16.10.1 Hardware
         16.10.1.1 Console Unit
         16.10.1.2 Transmitter
         16.10.1.3 Battery
      16.10.2 Software
      16.10.3 Service
   16.11 Basis Point Share (BPS) Analysis By Offerings
   16.12 Absolute $ Opportunity Assessment By Offerings
   16.13 Market Attractiveness Analysis By Offerings
   16.14 Middle East & Africa (MEA) Medical Alert/Personal Emergency Response System Market Market Size Forecast By Connection Types
      16.14.1 Wired
      16.14.2 Wireless
   16.15 Basis Point Share (BPS) Analysis By Connection Types
   16.16 Absolute $ Opportunity Assessment By Connection Types
   16.17 Market Attractiveness Analysis By Connection Types
   16.18 Middle East & Africa (MEA) Medical Alert/Personal Emergency Response System Market Market Size Forecast By Applications
      16.18.1 Home-Based Users
      16.18.2 Senior Living Facilities/Senior Care Centers
      16.18.3 Assisted Living Facilities
   16.19 Basis Point Share (BPS) Analysis By Applications
   16.20 Absolute $ Opportunity Assessment By Applications
   16.21 Market Attractiveness Analysis By Applications
   16.22 Middle East & Africa (MEA) Medical Alert/Personal Emergency Response System Market Market Size Forecast By Technologies
      16.22.1 Two-way Voice Systems
      16.22.2 Unmonitored Medical Alert Systems
      16.22.3 Medical Alert Alarm (Button) System
      16.22.4 IP-based systems
      16.22.5 Others
   16.23 Basis Point Share (BPS) Analysis By Technologies
   16.24 Absolute $ Opportunity Assessment By Technologies
   16.25 Market Attractiveness Analysis By Technologies
Chapter 17 Competition Landscape
   17.1 Medical Alert/Personal Emergency Response System Market Market: Competitive Dashboard
   17.2 Global Medical Alert/Personal Emergency Response System Market Market: Market Share Analysis, 2019
   17.3 Company Profiles (Details - Overview, Financials, Developments, Strategy)
      17.3.1 Bay Alarm Medical
      17.3.2 Connect America
      17.3.3 Galaxy Medical Alert Systems
      17.3.4 Koninklijke Philips N.V.
      17.3.5 LifeFone Medical Alert Services
      17.3.6 LifeStation, Inc
      17.3.7 Medical Guardian, LLP
      17.3.8 MobileHelp
      17.3.9 ResponseNow Medical Alert Systems
      17.3.10 Vanguard Wireless Pty Ltd

Key Segments Covered
By Types

  • Home-based/Landline-based System
  • Mobile-PERS
    • Cellular Emergency Response System
    • Wireless Emergency Response System
    • GPS-based Emergency Response Systems
  • Standalone PERS
    • Transmitter
    • Standalone Voice Communicator
    • Wandering System
    • Cube-based Systems
  • Nurse Call Systems (NCS)
  • Ambulatory Auto Alert Systems
  • Automated Airborne Flight Alert System
  • Smart Belt

By Offerings

  • Hardware
    • Console Unit
    • Transmitter
      • Wristband Transmitter
      • Pendant Transmitter
    • Battery
  • Software
  • Services

By Connection Types

  • Wired
  • Wireless

By Applications

  • Home-Based Users
  • Senior Living Facilities/Senior Care Centers
  • Assisted Living Facilities

By Technologies

  • Two-way Voice Systems
  • Unmonitored
  • Medical Alert Systems
  • Medical Alert Alarm (Button) System
  • IP-based systems

By Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Market Players Profiled in the Report

  • Bay Alarm Medical
  • Connect America
  • Galaxy Medical Alert Systems
  • Koninklijke Philips N.V.
  • LifeFone Medical Alert Services
  • LifeStation, Inc
  • Medical Guardian, LLP
  • MobileHelp
  • ResponseNow Medical Alert Systems
  • Vanguard Wireless Pty Ltd
  • Top players in the market include Bay Alarm Medical Connect America, Galaxy Medical Alert Systems, Koninklijke Philips N.V., LifeFone Medical Alert Services, LifeStation, Inc, Medical Guardian, LLP, MobileHelp, ResponseNow Medical Alert Systems, and Vanguard Wireless Pty Ltd. These companies are considered as key manufacturers of medical alert/personal emergency response system based on their revenue, product offerings, regional presence, and supply chain management system.
  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the medical alert/personal emergency response system market.
Medical Alert-Personal Emergency Response System Market by Key Players

Buy Report

FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request

According to this Growth Market Reports report, the medical alert/personal emergency response system market is likely to register a CAGR of 7.4% during forecast period 2020-2027, with an anticipated valuation of USD 13,689.8 Mn by the end of the 2027.

In addition to market size (in US$ Million), Company Market Share (in % for base year 2019), and quality parameter overview is provided.

Rising adoption of smartphones among ageing population, increasing prevalence of chronic diseases among the elderly population, and rising healthcare spending among aging population is expected to drive the market growth during forecast period.

The major applications of medical alert/personal emergency response system are home-based users, senior living facilities/senior care centers, and assisted living facilities.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to witness a significant decrease in growth between 2019 and 2020 owing to the COVID 19 pandemic on the medical alert/personal emergency response system market.

The base year considered for the global medical alert/personal emergency response system market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017, and 2018 are the historic years, and the forecast is provided from 2020 to 2027.

Factors such as Increasing Prevalence of diseases among adults, growing healthcare it industry, and technological innovations in healthcare wearable are analyzed in the final report.

Major Manufacturers BillerudKorsnas AB, Segezha Group, Nordic Paper, and Mondi plc, and others.